How To Become Millionaire in Two Years

I said, “It’s simple! I was a multi-millionaire. My upline turned me into a millionaire!”

That’s the joke I always use to make fun out of me.

In reality, I was not only turned from multimillionaire into a millionaire, I went broke! No, I don’t blame anybody with my disaster. It was 2012 when I started network marketing. I was convinced that I can make more millions and retire earlier through network marketing. But that was another story…

MY FINANCIAL DOWNFALL

Failure is not a single, cataclysmic event. You don’t fall overnight. Instead, failure is a few errors in judgement, repeated everyday.
– Jim Rohn.

It’s true that I have assets to be a multimillionaire (in peso, of course). And that is liquid alone. I have a descent salary as an IT and Corporate Communication Officer. My savings goes to my stock account with TD Waterhouse in the U.S. I lost a lot of money not only because I made a mistake in investing with Yahoo! stocks.

How many of you who lost great things because of wanting to help others? Maybe I’m not alone. Upon knowing that Network Marketing is a no brainer way to become a millionaire, I provided capital to family, friends and relatives. If they will become millionaires, I will become multimillionaire! But that did not came true. These people did not make a sweat with my money, so with just a little difficulty along the way, they abandoned the ship leaving the captain drowning.

So from multi-millionaire, I became a millionaire in a span of two years.

WANTING MORE BY DOING LESS

Here’s another insult! After losing money, I told myself to recover what I lost. I joined those online programs promising to earn skyhigh interest gains. That’s right, I wanted to recover as quickly as I could to become Financially Free. I want to concentrate myself doing my obligations to the service to God. Greed and impatience took over me. But here, I found myself in a disaster, a tornado passed by my life and whipped me to the bones.

For two years, I live from paycheck to paycheck every month. I cannot provide enough for my family. I went slowly deeper and deeper. I was so helpless. I’m watching my life falling down and crumbled, my family was destroyed. I could have ended my life, but I don’t want to give more insult to my family. I have to give my life to them. Now I know what Jim Rohn means to me when he says, “Watch your coffee.”

If your worst enemy drops sugar in your coffee, what’s going to happen to you? Nothing. But what if your best friend drops strychnine in your coffee? You’re dead! You have to watch your coffee.
– Jim Rohn

THE FINANCIAL TURNAROUND

Once you lose everything, you have no fear of anything. I told myself, “Pick yourself up. Take charge, it’s time to make a turn around.” That was two years ago.

I made my clean up, wrote a blueprint for me to follow (On The Way To Financial Recovery). But it was not only a financial recovery. I promised myself to pickup the ruins from the devastation of the tornado that passed in my life. I promised to hold on tight my family which is the most important part of me. I value them more than my life, I have it for them to sacrifice.

THE FORMULA TO MY FINANCIAL FREEDOM

George Clason’s “The Richest Man in Babylon” made a big change how I view my finances and my philosophy in life. Jim Rohn’s philosophy strengthen those I picked up from The Richest Man in Babylon. His 70-10-10-10 formula made my finances in order. And while my recovery is under way, I enjoy all the more the journey.

Last July 27, 2015, I made my first investment with Philippine National Bank’s Enhanced PhilIndex Referenced Unit Investment Trust Fund. It is composed of the industrial average of the 30 big companies in the Philippines. From then on, a new habit was formed, I can’t stop myself from following the 70-10-10-10 budget allocation. I put P30,000 to P70,000 a month in my feeder account depending on my savings and extra income from many sources. I buy additional participation almost every month if my savings and income would allow me to.

Three steps to financial freedom

As I discussed from my other articles, the three steps are as follows:

Learn to earn

Learn to save

Learn to make money work

There are so many ways how to earn – from a full time job, providing services, traditional business and online business. If your income is not enough, you have to find ways to earn more. As simple as that. Either you trade time for money or increase your value to trade more money.

Whatever amount you earn, your desire to spend it is much stronger. You have to find a way to channel the money away automatically. It can be done by programming auto-debit from your account to other account(s). This is paying yourself first.

Money saved in the bank, it’s not a savings at all. In reality, you are a sure loser. Banks give you 1% per annum interest, but the inflation is at 3-4%. Your money is losing 2-3 percent each and every year in buying power. Making your money work by putting them into investment vehicles like equities would be better. In my case, I chosed UITF that is tied with PSE Industrial Average that is offered by my bank. Now I’m making my money work to my advantage.

FROM ZERO TO HERO

August 2017, the total of my portfolio and investment cash available surpassed a million pesos. How it was done? A slight change made the difference. Tony Robbins said in his video that you are only a millimeter off, just make a slight adjustment.

I am now a proud advocate about becoming a millionaire. If I can come back from zero, you can go up from zero. I don’t depend on a single income, I am more a hybrid marketer. I still believe that network marketing is one way to earn extra income. Having a part time online business, everything I earn is extra money that goes to my investment fund. I intend to invest in the index fund until I retire. As John Bogle says, “Buy and hold, buy and hold, buy and hold.” It’s ONE way to build the money machine that Tony Robbins is talking about. I will keep on planting, until one day, my children will tell to their children, “We are sitting in the shade today because papa planted a tree long time ago.”

MY CHALLENGE TO YOU – Become a Millionaire!

Here’s my challenge: Become a Millionaire yourself.

Don’t settle for less, aspire to be more. Why aspire for better things? The best answer should be “Why not? What else are you going to do in your life? Why not see what you can become? After all, you will be here until you go anyway. Why not live with a style?”

And you can start right now!

If you are thinking about making yourself as a millionaire, invest for life. If you want someone to guide and coach you to become a millionaire, you came to the right guy. It’s up for you to decide if my story can make that slight change you’ve been searching for.

Thank you very much po sa inyong comment. Sure po, I’ll share to you what I know. I don’t invest directly in the stock market, though, po. It’s indirectly through Unit Investment Trust Fund na naka-base sa Index Fund – it’s a very simple way to participate in the stock market and the economy.

Thanks for your reply! Looking forward sa guidance mo on how or what is the right investment strategy para sa UITF.
I’m an aggressive type of investor kaya meron akong Sustainable Dividend Funds and Equity Index Fund.
Iniisip kong maglagay din sa Equity Fund soon.
I just started investing last April this year and looking for a long term goal. Maybe 5years to 10 years.